Exxon, Chevron, BP and Others Called to Testify on Climate Disinformation

Executives from Exxon, Shell, BP and others are being called to testify in Congress next month after a secret recording this year exposed an Exxon official boasting of such efforts.

#american-petroleum-institute, #bp-plc, #chevron-corporation, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #house-committee-on-oversight-and-government-reform, #manchin-joe-iii, #oil-petroleum-and-gasoline, #royal-dutch-shell-plc, #rumors-and-misinformation, #united-states-chamber-of-commerce, #united-states-politics-and-government

Goldman Sachs Mandates Vaccines for Its Workers and Visitors

The bank’s announcement comes after the Food and Drug Administration gave full approval for the Pfizer-BioNTech coronavirus shots.

#business-roundtable, #chevron-corporation, #coronavirus-2019-ncov, #cvs-caremark-corporation, #disney-walt-world-lake-buena-vista-fla, #vaccination-and-immunization

Activists Crashed Exxon’s Board, but Forcing Change Will Be Hard

The tension between climate goals and lifting Exxon Mobil’s profits could make it difficult for activists to make progress.

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Chevron Lobbies to Head Off New Sanctions on Myanmar

The oil company is arguing against efforts to restrict its involvement in a gas operation in Myanmar that provides funding for the junta there.

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As Oil Prices Rise, Executives Aim to Keep Them High

An industry known for boom-bust cycles is resisting the temptation to pump more oil — for now.

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Oil Industry Turns to Mergers and Acquisitions to Survive

With the price of a barrel stuck around $40 and no recovery in sight, companies are combining to cut costs and ride out the pandemic.

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Chevron’s Purchase Could Unlock Israel’s Natural Gas Bonanza

The oil giant’s takeover of Noble Energy gives it a foothold in an emerging energy hot spot: the eastern Mediterranean Sea.

#chevron-corporation, #delek-drilling-lp, #international-trade-and-world-market, #israel, #mediterranean-sea, #mergers-acquisitions-and-divestitures, #natural-gas, #noble-energy-inc, #oil-petroleum-and-gasoline, #turkey, #wirth-michael-k

U.S. and European Oil Giants Go Different Ways on Climate Change

While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.

#alternative-and-renewable-energy, #bp-plc, #carbon-capture-and-sequestration, #carbon-dioxide, #chevron-corporation, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hydrocarbons, #natural-gas, #oil-petroleum-and-gasoline

Chevron Deal for Oil and Gas Fields May Set Off New Wave of Mergers

With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.

#chevron-corporation, #company-reports, #coronavirus-2019-ncov, #mergers-acquisitions-and-divestitures, #natural-gas, #noble-energy-inc, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #shale, #stocks-and-bonds, #wirth-michael-k

Stocks Are Rising as Economic News Worsens

Trillions in stimulus dollars have convinced Wall Street that the government has its back, and investors are seizing on even glimmers of good news about the pandemic.

#amazon-com-inc, #apple-inc, #chevron-corporation, #commerce-department, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #exxon-mobil-corp, #federal-reserve-system, #gross-domestic-product, #interest-rates, #recession-and-depression, #remdesivir-drug, #sp-dow-jones-indices, #standardpoors-500-stock-index, #stimulus-economic, #stocks-and-bonds, #united-states, #united-states-economy